Once the lender establishes that the delinquent borrower has vacated (correspondence with the borrower shows a new mailing address, for example) the property, then the lender knows that they will have to re-key and perform preservation measures - winterizing, board up broken windows and any openings, cutting grass, etc.

In the mean time you can establish a credit rating to enable you to obtain conventional financing later on.Good Luck !

Perhaps the established wholesaler with personal connections to real buyers who can accurately ascertain whether a deal can be done quickly is performing a service for sellers.

The home is nearly 5000 sqft and in an older established neighborhood.

Do not buy the credit bulider unless your an established business with credit accounts from several companies.

Not unless I have an established relationship with you.

All of the above variables are taken into account to establish a cost structure to the lender.

We have a new LLC (no credit established yet), and good personal credit, if that info is helpful.

I don't even meet with a seller until it is established we are in a similar price range and they are without a doubt motivated.

We'd establish a business checking account in the name of the LLC and run all income & expenses through that.